We are live on ! Find out more
SOMRS

State of Michigan Retirement System Portfolio holdings

AUM $22.6B
1-Year Est. Return 40.24%
This Fund
S&P 500
This Quarter Est. Return
+3.9%
1 Year Est. Return
+40.24%
3 Year Est. Return
+127.54%
5 Year Est. Return
+152.65%
10 Year Est. Return
+534.6%
AUM
$12.7B
AUM Growth
+$242M
Cap. Flow
-$121M
Cap. Flow %
-0.96%
Top 10 Hldgs %
23.86%
Holding
959
New
19
Increased
657
Reduced
198
Closed
23

Top Buys

Rank Stock Value
1
AGNC icon
AGNC Investment
AGNC
+$83.8M
2
EXC icon
Exelon
EXC
+$70.1M
3
ORCL icon
Oracle
ORCL
+$29.3M
4
AVY icon
Avery Dennison
AVY
+$28.1M
5
NLSN
Nielsen Holdings plc
NLSN
+$27.4M

Top Sells

Rank Stock Value
1
AFL icon
Aflac
AFL
+$146M
2
MON
Monsanto Co
MON
+$61.8M
3
XYZ
Block Inc
XYZ
+$58.9M
4
VLO icon
Valero Energy
VLO
+$41.2M
5
TWX
Time Warner Inc
TWX
+$39.4M

Sector Composition

Rank Sector Weight
1 Financials 16.69%
2 Technology 15.7%
3 Healthcare 15.25%
4 Consumer Discretionary 9.01%
5 Communication Services 8.9%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WY icon
226
Weyerhaeuser
WY
$18.4B
$8.17M 0.06%
224,161
+1,800
+0.8% +$65.8K
PEG icon
227
Public Service Enterprise Group
PEG
$37.7B
$8.1M 0.06%
149,622
+1,000
+0.7% +$51.4K
DXC icon
228
DXC Technology
DXC
$1.73B
$8.1M 0.06%
100,425
-15,320
-13% -$1.32M
LUV icon
229
Southwest Airlines
LUV
$23B
$8.03M 0.06%
157,884
-1,400
-0.9% -$73.7K
MCK icon
230
McKesson
MCK
$101B
$7.98M 0.06%
59,833
-900
-1% -$132K
SPLK
231
DELISTED
Splunk Inc
SPLK
$7.93M 0.06%
+80,000
New +$8.69M
REGN icon
232
Regeneron Pharmaceuticals
REGN
$80.8B
$7.92M 0.06%
22,944
+200
+0.9% +$62.5K
VFC icon
233
VF Corp
VFC
$5.89B
$7.9M 0.06%
102,938
– –
APH icon
234
Amphenol
APH
$209B
$7.78M 0.06%
357,008
-2,800
-0.8% -$60.9K
GIS icon
235
General Mills
GIS
$19.7B
$7.77M 0.06%
175,538
+8,000
+5% +$350K
GPN icon
236
Global Payments
GPN
$22.8B
$7.71M 0.06%
69,164
+400
+0.6% +$45.2K
PPG icon
237
PPG Industries
PPG
$26.6B
$7.65M 0.06%
73,768
-1,200
-2% -$127K
ADM icon
238
Archer Daniels Midland
ADM
$36.9B
$7.59M 0.06%
165,600
+1,000
+0.6% +$44.9K
CNC icon
239
Centene
CNC
$32.5B
$7.48M 0.06%
121,448
+19,200
+19% +$1.11M
YUM icon
240
Yum! Brands
YUM
$41.1B
$7.48M 0.06%
95,654
-2,200
-2% -$184K
DG icon
241
Dollar General
DG
$27.9B
$7.42M 0.06%
75,242
-700
-0.9% -$67.3K
ALGN icon
242
Align Technology
ALGN
$12.3B
$7.32M 0.06%
21,400
+200
+0.9% +$59.7K
MTB icon
243
M&T Bank
MTB
$36.2B
$7.31M 0.06%
42,970
-1,200
-3% -$215K
DFS
244
DELISTED
Discover Financial Services
DFS
$7.28M 0.06%
103,343
-1,100
-1% -$80.7K
CTAS icon
245
Cintas
CTAS
$81.3B
$7.27M 0.06%
157,068
+55,600
+55% +$2.5M
ED icon
246
Consolidated Edison
ED
$39.9B
$7.18M 0.06%
92,028
+600
+0.7% +$45.8K
RHT
247
DELISTED
Red Hat Inc
RHT
$7.07M 0.06%
52,596
+500
+1% +$80.7K
AVB icon
248
AvalonBay Communities
AVB
$26.8B
$7.03M 0.06%
40,923
+300
+0.7% +$49.6K
SYF icon
249
Synchrony
SYF
$25.6B
$7.01M 0.06%
210,010
-400
-0.2% -$13.7K
FTV icon
250
Fortive
FTV
$18.6B
$7M 0.06%
144,018
+1,110
+0.8% +$53K
8 9
10
11 12

Similar funds

FAM
Fred Alger Management New York $22.8B AUM 64.63% 1-Year Est. Return
BA
Bridgewater Associates Westport, Connecticut $22.4B AUM 34.48% 1-Year Est. Return
Tiger Global Management
Tiger Global Management New York $22.8B AUM 30.07% 1-Year Est. Return
AM
AGF Management Toronto, Ontario, Canada $22.3B AUM 46.42% 1-Year Est. Return
Capital Fund Management (CFM)
Capital Fund Management (CFM) Paris, France $22.1B AUM 20.49% 1-Year Est. Return
CAM
Cresset Asset Management Chicago, Illinois $23.1B AUM 27.04% 1-Year Est. Return
Luther King Capital Management (LKCM)
Luther King Capital Management (LKCM) Fort Worth, Texas $23.1B AUM 21.31% 1-Year Est. Return
DSA
Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return

State of Michigan Retirement System's Q2 2018 Portfolio in Review

As of Q2 2018, State of Michigan Retirement System held 959 positions worth $12.7B, up 1.9% from $12.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Trading was light in Q2 2018: portfolio turnover was 4.4%. State of Michigan Retirement System opened 19 new positions and exited 23, leaving the 959-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.

  • State of Michigan Retirement System's largest Q2 2018 buy was Rithm Capital: 670,000 shares worth $11.7M.
  • State of Michigan Retirement System added most to AGNC Investment in Q2 2018, an estimated $83.8M increase.
  • State of Michigan Retirement System's biggest Q2 2018 reduction was Aflac, cutting an estimated $146M.
  • State of Michigan Retirement System fully exited Monsanto Co in Q2 2018, selling an estimated $61.8M.
  • State of Michigan Retirement System's ten largest holdings make up 24% of its $12.7B portfolio in Q2 2018.
  • State of Michigan Retirement System opened 19 new positions and closed 23 in Q2 2018.
  • State of Michigan Retirement System's portfolio value rose 1.9% quarter-over-quarter to $12.7B.

Based on State of Michigan Retirement System's 13F filing for Q2 2018, filed 8 Aug 2018.